Nestled in the serene Pakuranga, Auckland, at 122 Tiraumea Drive, lies this charming 3-bedroom, freehold property. Constructed in 1963 with wood walls and an iron roof, both in good condition, this dwelling sits on a spacious 713sqm site with a floor area of 120sqm and a single carpark. The property has seen a significant Capital Value increase of 52.78% from $900,000 in 2017 to the current CV of $1,375,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,320,000, making it an attractive prospect for investors and homeowners alike.
With a CV growth that outpaces the market average, this property's value is further enhanced by its location within the catchment area of esteemed schools such as Sancta Maria College (Decile 7) and Edgewater College (Decile 2), with easy access to Pakuranga Intermediate and Anchorage Park School (Decile 3). The sellers, after 40 years in their cherished home, are motivated to move to a retirement village and have priced the property realistically at $1,158,000, inviting prompt offers from serious buyers.
Set in a tranquil cul-de-sac adjacent to a reserve and estuary, this property offers a serene lifestyle with potential for modernisation and value addition. Its convenient location near shopping malls and main bus routes, with easy motorway access, makes it an ideal choice for families seeking a long-term residence.
Updated on April 26, 2024